AUDCHF 240 down trend

FX:AUDCHF   Australian Dollar / Swiss Franc
1481 12 95
The AUDCHF             is in a down trend .
It is now correction to the top of trend .
Will be looking for sell setups at the top of trend or on breakout.
I have heard many traders here say " Arrows don't mean anything to PROFESSIONAL TRADERS" whatever that means or who are those 'Professional traders" I have no clue . So please if you find that "ARROWS " means nothing to you ignore them.

Trade with care and use your own strategy, never follow anyone's trading call unless it supports your view.
Training : add to skype mangal457
Hi Anil. Looking at the higher time frame the squeeze is on. Could be a good trade if it sells off at current levels but if it moves above .709 im bias for a break out to the long side. price might flag then sell a break from a higher level. will watch with interest, thanks for posting.
+1 Reply
so this is the last short because of divergence ?
and thank you for the time you give and everything
I like this one. Thank you!
+1 Reply
anilmangal FXSpringbok
I am glad that the arrows have some meaning to you guys, but then according to some traders that means you guys are not professional traders? :) (LOL )
+2 Reply
IvanLabrie anilmangal
*drum roll*
+1 Reply
great explanation of possible movements, thanks for posting!
+1 Reply
will watch it closely. thanks Anil
+1 Reply
thanks for posting anil
+1 Reply
very nice!!
+2 Reply
great as always. Thanks for posting Anil
+3 Reply
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